Quick charity verification for Cancer Research Foundation Inc (EIN: 161726937)
Verdict: Cancer Research Foundation Inc shows mixed signals
45/100Mission Score
$45KRevenue
$25KAssets
4Red Flags
2Strengths
Red Flags
Liabilities consistently and significantly exceed assets (e.g., $99,377 liabilities vs. $24,998 assets in 2023), indicating financial instability.
Revenue has significantly declined from a peak of $205,584 in 2020 to $11,608 in 2023.
Consistent near-zero net income (revenue closely matching expenses) suggests minimal capacity for growth or building reserves.
Lack of detailed expense breakdown makes it difficult to assess program efficiency.
Strengths
Consistent filing of IRS Form 990s, indicating a degree of transparency.
Reports 0% officer compensation, which could indicate a commitment to minimizing overhead if truly volunteer-run.
Spending Breakdown
How Cancer Research Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Cancer Research Foundation Inc
Is Cancer Research Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cancer Research Foundation Inc (EIN: 161726937) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Cancer Research Foundation Inc a good charity to donate to?
Cancer Research Foundation Inc has a Mission Score of 45/100. Revenue: $45K. Assets: $25K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cancer Research Foundation Inc?
The Employer Identification Number (EIN) for Cancer Research Foundation Inc is 161726937. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Cancer Research Foundation Inc spend its money?
Cancer Research Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cancer Research Foundation Inc's tax-exempt status?
You can verify Cancer Research Foundation Inc's tax-exempt status using EIN 161726937 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Cancer Research Foundation Inc, despite its name, appears to be a very small organization with limited financial activity. Its latest reported revenue is only $45,368, and assets are $24,998. A concerning trend is the consistent reporting of liabilities significantly exceeding assets, reaching $99,377 in 2023 and 2022, while assets remained at $24,998. This indicates a precarious financial position. The organization consistently reports zero officer compensation, which could suggest a volunteer-run model or a lack of transparency regarding compensation if it exists in other forms. The consistent near-zero net income (revenue closely matching expenses) across multiple years, such as $11,608 revenue and $11,608 expenses in 2023, suggests minimal operational surplus or growth capacity. The organization's financial health is weak, and its spending efficiency is difficult to assess without a detailed breakdown of expenses, which is not provided in the summary data. Transparency is moderate, as it files 990s, but the lack of detail on expense allocation is a drawback.